INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2013

GOODWILL AND INTANGIBLE ASSETS

Schedule of Intangible Assets and Goodwill

The components of net definite-lived intangible assets are as follows:

	December 31, 2013				December 31, 2012
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization		Amortization Period
Acquired ANDA intangible asset	$	60	$	(55)	$	60	$	-		3 years
Reglan® intangible asset		100		(100)		100		(75)		2 years
Teva license intangible asset		10,900		(496)		-		-		11 years
	$	11,060	$	(651)	$	160	$	(75)

Finite-lived Intangible Assets Amortization Expense

Expected future amortization expense is as follows for the years ending December 31:

(in thousands)
2014	$	996
2015		991
2016		991
2017		991
2018		991
2019 and thereafter		5,449
Total	$	10,409